Bitcoin price went up from 54K to 67K i a short time. It went up in two weeks. Even it is 2nd week of uptrend, next week will be decision for Bitcoin for pumo or dump. It means, next week may be proof of uptrend or fake uptrend.
Here you can see daily chart of Bitcoin. Bitcoin broke down uptrend line coming from end of 2022 a few weeks ago. It may be retest for downtrend. After weeklty close, Bitcoin may touch this line and It may work as a resistance. It may be proof of downtrend. This is dump scenario.
If RSI Indicator breaks up this resistance, Bitcoin price will also break up downtrend line and Bitcoin will enter bullish trend.
Here you can see daily chart of Bitcoin. Fisher Indicator is on the top and needs to reverse. There is similarity on MACD Indicator. It means Bitcoin price may reverse from the top and downtrend may be close.
When we look at the indicator on Bitcoin price, next week may be red week for Bitcoin price.
Downtrend is more possible than uptrend. Next week will be very important for Bitcoin.
We will see..